ETA And Visa Sparring Over New Fee Deadline

The Electronic Transactions Association maintains that Visa Inc. did not give the acquiring industry sufficient notice of the new Fixed Acquirer Network Fee, but the card brand says it did.

In a March 7 letter to Visa’s chairman, Joseph Saunders, the Washington-based association complained of having just 36 working days to adjust to the fee’s technical requirements and public-relations fallout.

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